NC > Wilmington > Not In Subdivision
Wilmington, NC 28412,3925 Carolina Beach RD
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Kevin Lee & Jason Harrell

Kevin Lee & Jason Harrell

$ 1,850,000
Est. payment | /mo

2.23 Acres Lot

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$ 1,850,000
Est. payment | /mo
Save

2.23 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100435096

HOA Y/N No

Originating Board North Carolina Regional MLS

Annual Tax Amount $2,620

Lot Size 2.230 Acres

Acres 2.23

Property Description

3925 Carolina Beach Rd presents a unique and rare opportunity for a developer to create a multi-family Planned Unit Development in the rapidly developing Carolina Beach RD corridor. Located just south of the Independence BLVD intersection, this 2.23 acre parcel holds the opportunity for 37 residential units with rezoning to MD-17. Density may be increased to 80 units if at least 10 percent of the total number of residential units are designated as workforce housing.

The property borders Breezewood Condominiums (zoned MD-17) and adjacent to 3913 Carolina Beach Rd, a 225 unit residential development currently rezoning from R-15 to MD-17.

Owner will authorize conditional rezoning application during an examination period.

The property currently operates as a mobile home park. Please do not disturb the tenants.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning R-15

Direction South of Carolina Beach Dr and Independence BLVD

Location Details Mainland

Rooms

Other Rooms Manufactured Home

Exterior

Waterfront No

Building

Lot Description Development

Sewer Municipal Sewer

Water Municipal Water

Schools

Elementary Schools Williams

Middle Schools Myrtle Grove

High Schools Ashley

Others

Tax ID R06500-003-025-000

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition None

Hive MLS / (NCRMLS)
Listed by Coastal Properties

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Kevin Lee & Jason Harrell

Broker-Owner | Lic# 186173

3208 Charles Blvd, Greenville, NC, 27858

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3925 Carolina Beach RD